• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Heavy crude discount widens on supply buildup

March 7, 20184:13 PM Reuters0 Comments

The Canadian heavy oil discount widenedon Wednesday against the West Texas Intermediate (WTI)benchmark, as supplies continued to build amid tight transportcapacity.

* Movement of crude is not expected to pick up significantlyuntil spring, when TransCanada Corp's Keystone pipelinemay be back up to full pressure after a November leak, and railcapacity may be more widely available, traders have said.

* Recent ebbs and flows in the discount's range are theresult of a trickling of additional rail transport capacity, ananalyst said.

* Western Canada Select (WCS) heavy blend crude for Aprildelivery in Hardisty, Alberta, settled at $27 a barrel below theWTI benchmark crude price , according to Shorcan Energybrokers, compared with Tuesday's settle of $26.20.

* Light synthetic crude from the oil sands for Aprildelivery last traded at $4.25 over WTI, a larger premium thanTuesday's settle of $3.25 over WTI.

(Reporting by Rod Nickel in Winnipeg, ManitobaEditing by Alistair Bell)

TransCanada

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Lotus Creek Exploration Inc. Announces Third Quarter 2025 Operating Results and Operational Update
  • Cardinal Energy Ltd. Announces Third Quarter 2025 Operating and Financial Results
  • Pembina Pipeline posts drop in profit, has gas pipeline expansions in the works
  • Discount on Western Canada Select widens
  • Pembina Pipeline Corporation Reports Results for the Third Quarter of 2025 and Provides Business Update

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.